VANCOUVER, British Columbia–(BUSINESS WIRE)–New Found Gold Corp. (“New Found” or the “Company”) (TSXV: NFG, NYSE American: NFGC) is pleased to announce that it has closed its previously-announced acquisition of three royalty interests (the “Acquisition”) with arm’s length royalty holders (together, the “Vendors” and each, a “Vendor”), whereby New Found purchased 100% of each Vendor’s royalty interests, each equal to 0.2% of net returns for an aggregate of 0.6% of net returns from the Company’